Other OTC:CXBMF

As Today’s Global Market Fluctuates with Uncertainty, Some Analysts Forecasting Upside in Times Ahead for Gold

Retrieved on: 
Mardi, janvier 30, 2024

Increase in demand for gold and increase in the use of gold in various industries drive the growth of the gold mining market.

Key Points: 
  • Increase in demand for gold and increase in the use of gold in various industries drive the growth of the gold mining market.
  • By 2030, the global Gold Mining market size is projected to reach multimillion figures, displaying an unexpected compound annual growth rate between 2024 and 2030.
  • Market Reports World continued: “A significant driver of the Gold Mining market is the growing consumer awareness of health and wellness.
  • In summary, the outlook for the Gold Mining market is optimistic, with sustained growth expected in the coming years.

Calibre and Marathon Announce Combination to Create a High-Growth, Cash Flow Focused, Mid-Tier Gold Producer in the Americas with Expected Annual Production of 500,000 ounces

Retrieved on: 
Lundi, novembre 13, 2023

The Transaction will create an Americas-focused, high-margin, high-growth, mid-tier gold producer with estimated average annual gold production of approximately 500 koz during 2025 – 2026E1.

Key Points: 
  • The Transaction will create an Americas-focused, high-margin, high-growth, mid-tier gold producer with estimated average annual gold production of approximately 500 koz during 2025 – 2026E1.
  • With Calibre’s strong operational expertise and robust cash flow, I am confident that together with the Marathon team, we will continue to meet or beat expectations.
  • The combined company will have three high quality, cash flowing gold assets, a strong balance sheet, and leadership with proven credentials in value creation.
  • ), Chief Operating Officer for Marathon and Mr. David Ross, P.Geo (NL), Vice President, Geology & Exploration for Marathon.